Reversing direction, the U.S. dollar climbed against its major counterparts in the European session on Wednesday.
The greenback touched 2-day highs of 1.1726 against the euro, 0.9158 against the franc and 109.99 against the yen, up from its early lows of 1.1759, 0.9116 and 109.59, respectively.
The greenback was up against the pound, at 1.3743. Against the loonie, the greenback gained to 1.2639.
The next possible resistance for the greenback is seen around 1.16 against the euro, 0.94 against the franc, 112.00 against the yen, 1.34 against the pound and 1.29 against the loonie.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.